FA-50 light combat aircraft

Korean Air Lines Co. has agreed to buy engines from GE Aerospace to power its new Boeing aircraft, GE Aerospace said on Wednesday.Under the agreemen...

South Korean defense company Hanwha Aerospace Co. and US weapons systems developer L3Harris Technologies Inc. have led a $240 million funding round ...

South Korea’s cosmetics wholesaler Silicon2 Co. is set to invest $10 million in financially troubled luxury fashion e-commerce platform operat...

Capital Group Companies Inc. has increased its stake in LS Electric Co., a South Korean supplier to Elon Musk’s X.AI Corp., as the US asset ma...

Hana Financial Group will buy back 400 billion won ($280 million) worth of shares to retire, marking its largest-ever repurchase, in line with ongoi...

South Korea’s Cactus Private Equity is set to acquire a stake in YM Tech Co., a Kosdaq-listed electric vehicle (EV) parts maker, for nearly 20...

Coupang Inc. and Naver Corp., South Korea's top two e-commerce players, are expected to further narrow the gap in their race for the market lead thi...

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South Korean startup DOR Corporation has thrown down the gauntlet to Discord, a popular global social platform for gamers, with its TikTok-like soci...

Samsung Electronics Co. flagged weaker-than-expected earnings for the last quarter of last year due to a fall in memory chip prices and soft demand ...

Hyundai Rotem Co., a South Korean rolling stock and defense equipment maker, said on Friday it held a ceremony to mark the arrival of the first ba...

LG Electronics Inc. will retire 761,000 shares in 2025, or around 0.5% of its outstanding shares, to increase shareholder returns, the South Korean ...

South Korea's Doosan Enerbility Co. and Korea Aerospace Industries Ltd. (KAI) said on Tuesday that the two companies signed a memorandum of understa...

The number of foreign workers in South Korea has broken past the 1 million mark.According to Statistics Korea on Tuesday, as of May, there were 1.56...

The European Commission (EC), the European Union (EU) antitrust body, approved the merger between Korean Air Lines Co. and Asiana Airlines Inc. on N...

Seoul-based Kamur Private Equity has signed a definitive agreement to sell a majority stake in South Korean industrial cutting tool manufacturer JJ ...

LG Display Co., South Korea’s leading display maker under LG Electronics Inc., has developed the industry’s first display that can be st...

Seoul will light up Myeong-dong, a bustling area with office workers and shoppers in the heart of the city, with 16 large outdoor digital billboards...

South Korean game developer Netmarble Corp. announced on Tuesday that the action role-playing game (RPG) “Solo Leveling: Arise” has reac...

South Korea’s financial exposure to real estate has nearly doubled over the past decade, with lending to households making up about half. The ...

LG Energy Solution Ltd., the world’s third-largest electric vehicle battery manufacturer, is set to supply cells to Mercedes-Benz AG, a German...

LG Energy Solution Ltd. has vowed to more than double its sales in five years to 67 trillion won ($50 billion) by diversifying its battery products ...

Korea Aerospace Industries Ltd. (KAI), the country's sole military aircraft manufacturer, said on Friday that it was selected as the performance-bas...

T'way Air Co. announced on Thursday that it will gradually introduce five new Airbus A330-900 Neo aircraft starting next year.T’way recently s...

Hyundai Glovis Co. has inked a memorandum of understanding with China's No. 1 electric vehicle maker BYD Co. to form a strategic alliance on car tra...

SK Telecom Co. and KT Corp. received the Leading Lights Awards 2024. SK Telecom and KT were named winners of Outstanding Use Case: AI/Machine L...

South Korea's Hanwha Galleria Corp. said on Monday its acquisition of domestic beverage manufacturer Pure Plus.Pure Plus has focused on non-alcoholi...

Hyundai Motor Group said on Wednesday that it held the inaugural ceremony for the first cohort of H-Jump School Indonesia in Jakarta, Indonesia, the...

South Korea’s second-largest automaker Kia Corp. said on Monday that it released The 2025 Sorento, an updated version of its best-selling mid-...

South Korea's HD Hyundai Electric Co. said in a regulatory filing on Friday that it signed a 66.2 billion won ($49.6 million) contract to supply pow...